Boomtown America: This city's job market is on fire

Provo, Utah needs no introduction to skiing buffs and the Mormon church.

The town is also quickly becoming one of America's hottest job markets.

Jobs in the Provo area grew at the fastest pace of any town in the United States last year. It's unemployment rate is an enviable 2.7%, nearly half the national average of 5%, according to the U.S. Labor Department.

Home to Brigham Young University, Provo is the center of the largest Mormon missionary training center. Ski resorts are minutes away and its Peaks Ice Arena was a venue for the Salt Lake City Winter Olympics in 2002.

Qualtrics, an online survey company, Insidesales.com, a sales software firm and Pluralsight, which offers online courses for employee training -- are all valued around $1 billion.

And if tech jobs don't appeal, the ski resorts nearby like Sundance are always there.

Besides, Provo's construction industry saw a double-digit percent increase in job growth last year too, according to the Labor Department. Hospitals and the nearby colleges, such as Utah Valley State University, are among the area's largest employers.

In fact, companies are fighting over each other for talent, says Rahlf from the Chamber of Commerce. Even Vivint admits it plans to raise their minimum wage for entry-level employees this year to $11 an hour from $10.

It's a good problem to have for residents.

"Having that low unemployment rate -- that means everyone is in a good mood," says Curtis.